Stakeholders endorsed PJM’s proposed solution to update the value of capital recovery factors at last week’s MRC meeting.

A summary of the issues scheduled to be brought to a vote at the PJM Markets and Reliability and Members committees on March 29, 2021.

PJM proposed allowing generators critical for determining interconnection reliability operating limits to recover required upgrade costs.

PJM announced the promotion of several executives, and stakeholders debated rules for approving resolutions at the Members Committee.

The tamest winter in recent memory brought no emergencies for MISO, though the RTO’s South region was the subject of three weather-related alerts.

MISO and PJM said they will propose changes to how they determine flowgate rights in a white paper in November.

The SPP Market Monitoring Unit (MMU) reported that energy prices averaged about $23/MWh in the spring, despite higher loads.

MISO and PJM challenged the contention by MISO’s Independent Market Monitor that PJM’s two long-term market-to-market (M2M) errors have cost MISO millions.

The MISO Board of Directors learned about the recent discovery that PJM had been committing two market-to-market (M2M) errors.

Monitor David Patton said PJM has for years been committing two market-to-market operations errors that have possibly cost MISO millions of dollars.